The price is now falling back into the buying zone, indicating that we could see a brief bullish trend. We would enter with a 0.5% position upon reaching the buying zone and add another 0.5% position if the price holds above the resistance rather than falling below it. The take profit would be set at the target level. This setup could result in a good, short uptrend.
Note
Worked!
Building and managing multiple projects | Trader & Analyst with 5+ years of experience
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Building and managing multiple projects | Trader & Analyst with 5+ years of experience
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.